Correlation
The correlation between BSTP and DGRO is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
BSTP vs. DGRO
Compare and contrast key facts about Innovator Buffer Step-Up Strategy ETF (BSTP) and iShares Core Dividend Growth ETF (DGRO).
BSTP and DGRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSTP is a passively managed fund by Innovator that tracks the performance of the S&P 500. It was launched on Mar 7, 2022. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014. Both BSTP and DGRO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSTP or DGRO.
Performance
BSTP vs. DGRO - Performance Comparison
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Key characteristics
BSTP:
0.73
DGRO:
0.78
BSTP:
1.03
DGRO:
1.12
BSTP:
1.16
DGRO:
1.16
BSTP:
0.68
DGRO:
0.79
BSTP:
2.78
DGRO:
3.10
BSTP:
3.36%
DGRO:
3.57%
BSTP:
13.93%
DGRO:
15.20%
BSTP:
-16.69%
DGRO:
-35.10%
BSTP:
-2.27%
DGRO:
-3.30%
Returns By Period
In the year-to-date period, BSTP achieves a 1.07% return, which is significantly lower than DGRO's 1.76% return.
BSTP
1.07%
3.76%
-0.55%
9.59%
10.13%
N/A
N/A
DGRO
1.76%
3.53%
-3.30%
10.31%
9.13%
13.13%
11.38%
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BSTP vs. DGRO - Expense Ratio Comparison
BSTP has a 0.89% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Risk-Adjusted Performance
BSTP vs. DGRO — Risk-Adjusted Performance Rank
BSTP
DGRO
BSTP vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Buffer Step-Up Strategy ETF (BSTP) and iShares Core Dividend Growth ETF (DGRO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
BSTP vs. DGRO - Dividend Comparison
BSTP has not paid dividends to shareholders, while DGRO's dividend yield for the trailing twelve months is around 2.23%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSTP Innovator Buffer Step-Up Strategy ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGRO iShares Core Dividend Growth ETF | 2.23% | 2.26% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
BSTP vs. DGRO - Drawdown Comparison
The maximum BSTP drawdown since its inception was -16.69%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for BSTP and DGRO.
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Volatility
BSTP vs. DGRO - Volatility Comparison
The current volatility for Innovator Buffer Step-Up Strategy ETF (BSTP) is 2.95%, while iShares Core Dividend Growth ETF (DGRO) has a volatility of 4.35%. This indicates that BSTP experiences smaller price fluctuations and is considered to be less risky than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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